Housing & Real Estate — Urbana, Illinois
Overview
| Total Housing Units | 19,003 |
|---|
| Occupied | 16,425 |
|---|
| Vacant | 2,578 |
|---|
| Owner-Occupied | 5,704 |
|---|
| Renter-Occupied | 10,721 |
|---|
| Median Home Value (Census) | $184,900 |
|---|
| Estimated 2026 | ~$209,000 |
|---|
| Median Rent | $951/mo |
|---|
| Median Property Tax | $4,491/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 25.2% |
|---|
| Severely Rent-Burdened | 54.0% |
|---|
Housing Age
| Built 2010 or later | 2,311 |
|---|
| Built 2000-2009 | 3,140 |
|---|
| Built 1990-1999 | 2,076 |
|---|
| Built before 1960 | 4,752 |
|---|
| Median Year Built | 1979 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
